Transaction Incentive Program News Today

As Covid Cases Continue Both the US and China Feel the Effects on Container Freight Ships Wait to Unload, a Shortage of Chassis Transport and Higher Box Rates US – CHINA – This week reports continue to come in outlining the parlous state of ports across America which are struggling to manage container traffic during the pandemic. According to the Essex headquartered freight forwarder the Woodland Group, the increase in active Covid-19 cases amongst port workers is creating bottlenecks due...

The Port of Los Angeles excels in 2020 despite disruption The Port of Los Angeles, the USA’s busiest container port moved 9.2 million Twenty-Foot Equivalent Units (TEUs) in 2020, Port of Los Angeles Executive Director Gene Seroka announced at the Pacific Merchant Shipping Association’s sixth annual State of the Port of Los Angeles – a virtual event this year. A late-year surge of pandemic-induced consumer spending helped boost volumes to near 2019 levels, making 2020 the fourth hig...